Cashway Fintech Co.,Ltd. Posted 152.1 Million Yuan Net Loss in 2022

Cashway Fintech Co.,Ltd. (恒银金融科技股份有限公司) (603106.SH) reported a net loss of 152.1 million yuan in 2022, reversing a net profit of 19 million yuan for the previous year.

Meanwhile, the company posted 585.1 million yuan in revenue, down 18.2% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 743.1 million yuan in total liabilities, with a liability-to-asset ratio of 33.5%.